Are you holding your bitcoin for a price increase?

[YoonYeonghwa]

I put all my Bitcoin away into cold storage for at least 5 years. It is interesting watching China manipulate this latest run up in price.

Where will it stop ? 

No one knows where i'll stop, good thing is that we're moving upwards hope there will be new ath.

yes, I like to see the uptrending movement. IMO most ppl are expecting this. But different ppl probably have different target to sell out and get the profits.

[1714278237]

1714278237

[Amph]

I put all my Bitcoin away into cold storage for at least 5 years. It is interesting watching China manipulate this latest run up in price.

Where will it stop ? 

last news say they are targeting 600 for this year, check the speculation board

it may be true it may be not, but surely things look good

[cohnhead]

I put all my Bitcoin away into cold storage for at least 5 years. It is interesting watching China manipulate this latest run up in price.

Where will it stop ? 

nor so sure its manipulation, which was certainly the case with the run up in the fall of 2013 (see willy bot analysis).

China's capital controls are forcing Chinese to find ways to move money out of china or at least to safer havens.

And as more money moves, capital controls will become more draconian forcing this upward trend to continue.

not manipulation of btc by design...its just market forces driven by govt intervention.

[wadili89]

not any more now probably when you made this thread then i was but not anymore now the price is right to spend your coins i love to buy something for 0.005 coins it felt very good when you got the coin when the price was low

[cohnhead]

Well, I have a secret technique to take advantage of the highs and lows of bitcoin.  I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin.  It seems to be working for me.

What is so good about Nubit, may I ask?
Does it have any advantage over other altcoins like newer features or something?

Nubit's value is always equal to $1 USD, so its price in BTC fluctuates to insure that that remains the case.  The Nubit (NBT) price is controlled by a system whereby the token is parked and collects interest dependant on the price of bitcoin.  The interest earned on parked NBT is determined by a voting system called Nushares (NSR) which also earns dividends in Peercoin (PPC).  The three assets are co-related so the system is a little more complicated than the traditional alt.  The developer is Sunny King....so....it's different.

your strategy may be sound but the whole nbt btc ppc co-relationship of assets sounds way too convoluted. how long have you been employing strategy and what kind of returns have you had?
it doesn't sound like a Ponzi....more like a shell game or three card monty

[smith coins]

I am holding and the price now has been increased good enough.
When i say enough i mean enough for this year until now.
Hope the rest of the year (2 months left) will reach 400 asap.

[davinchi]

I am holding and the price now has been increased good enough.
When i say enough i mean enough for this year until now.
Hope the rest of the year (2 months left) will reach 400 asap.

But four hundreds USD is not the price raise I have been waiting for to sell off all my bitcoins. Many people who bought at levels $250 may find current level are in future $400 level as good profit to book out of their bitcoin. But I want to be a long-term investor into bitcoin system so I will hold even if bitcoin hit $400.

[TastyChillySauce00]

I put all my Bitcoin away into cold storage for at least 5 years. It is interesting watching China manipulate this latest run up in price.

Where will it stop ? 

why do you think china manipulate the market, do you have any proof ?  , i dont think china's whale (just china's whale) can manipulate the market,there's many people around the world using bitcoin

[cluit]

why do you think china manipulate the market, do you have any proof ?  , i dont think china's whale (just china's whale) can manipulate the market,there's many people around the world using bitcoin

Look at the volume on CNY exchanges to see for yourself.

Yes the recent price raise has been witnessed for China's hand. There are many reason for China to manipulate the bitcoin prices. Almost 40% to 50% of mining power belongs to China, if bitcoin goes to some good price, they are all would be more profitable.

[irfan_pak10]

Yup, In these Days, I put all my BTC in the Paper Wallet, and Waiting for the Price to go to the Moon, I think My Prediction was tight, that in earlly 2016 price of BTC wil be above 500$

[cohnhead]

while id like to just hold I cant help myself so im trying to take advantage of prices between exchanges...and subsequent reversions to the mean.
so not holding but trading

[Kanapka]

Y, after $40 increase in few days I want more, much more

[sana9821]

im holding it right now as i an see that price is significantly increasing lets hope it will keep on going to the moon and the price will keep on rising

[quadriple7]

i dont have enough bitcoins to hold in my opinion

[mixan]

im holding it right now as i an see that price is significantly increasing lets hope it will keep on going to the moon and the price will keep on rising

Let's all hope for this to happen.
I am also doing the same as I got them earlier in the year at the $219 mark. So I am really hoping for this increase everybody is prediction will happen by end of this month into December.
I am not asking for the moon but near $500 would be sufficient enough for me.

Y, after $40 increase in few days I want more, much more

I am not greedy.

[prodigy8]

i dont have enough bitcoins to hold in my opinion

Whatever you have if you are holding that is counted too.
Personally i am holding and probably not selling in the near future.
Because i can earn more if i sell after few months, because fiat has the same value comparing to bitcoin.

[boopy265420]

I am holding my Bitcoin for long time and I was always sure there will be increase in price soon.This is still is correction in price and real price of bitcoin should be somewhere 500 USD for this moment.I am going to keep my cold wallet untouched continuously.

[Amph]

i dont have enough bitcoins to hold in my opinion

this is another reason why you should hold actually, the less you have the more important they will be

a guy with 100k bitcoin can afford to lose some on gambling and trading, but with 1-10 btc it's better to not spend anything

[harizen]

To all holders, until when you will hold your coins? Of course someone will answer until the price hits the moon. What is the right price? $500 , $1000? You think you can sell your coins if the price will reach again that value? I think no because if btc price hits that, you are expecting much higher value so you will still hold.

This post excludes all traders since an average trader even he do holding, still he rotates the money where the profit is possible.

[cohnhead]

I am holding my Bitcoin for long time and I was always sure there will be increase in price soon.This is still is correction in price and real price of bitcoin should be somewhere 500 USD for this moment.I am going to keep my cold wallet untouched continuously.

Based on economic theory, shouldn't the price of bitcoin be somewhat close to the marginal cost of production?

Given the average cost of electricity around the globe, current difficulty on the network and average computing power of mining equipment ...the price should probably be more like $300.

Personally, I think price should be around $3,000 usd...so holding till then